AI in startups from a strategic and organisational point of view
It almost seems like there is no end to the wonders of AI. But the hype can easily convince you as a founder that AI is the solution to pretty much everything. Not least that everyone does it so you also have to. Unfortunately, the shine and shimmer also blinds and distracts many from asking the deeper questions and really understand what it takes to work successfully with AI not just as an empty marketing inflation.
It takes a disciplined, aligned and focused organization who truly knows why and how they apply AI directly linked to their value proposition. While it might seem like everyone does it, founders in those types of organizations have asked themselves: Is AI core to our product or a technology enabling us to do, what we aim for? Should we start building our own AI applications or instead tap into and use some of the existing commercial available applications?
In other words, they’ve investigated and understood the implications of building their own competences within AI – or buying access to existing applications. That way they created robust, resilient results in their approach to AI.
In this edition of PreSeed Academy, we try to assist founders in making these very important and hard decisions, by sharing insights from both investors looking at AI powered startups and from founders who’ve been through the decision-making themselves and understand the implications of the choices you need to make.
We focus on the strategic, commercial and organizational aspects of applying AI, answering questions like:
- What are strategic pros and cons of building your own AI applications vs. using existing applications?
- What are the organizational implications – what type of team and organization does it require to build an AI startup?
- How are investors looking at you and your team when you say “we use AI”
This WILL NOT be a technical walk-through of the pros and cons of different AI algorithms! But if the interest is big enough we’re considering to plan a workshop digging into these more ‘nerdy’ aspects of AI. Please sign up here if you would be interested in participating.
17.15-17.25: Nicolaj Højer Nielsen (business angel): Introduction
17.25-17.45: Anders Bach Waagstein (PreSeed Ventures): AI in startups from an investor perspective
17.45-18.15: Dennis Kayser + Jacob de Lichtenberg (Forecast): Experience from building an AI solution from scratch
18.15-18.40: Break – snacks and drinks
18.40-19.10: Michael Green (desupervised): AI from a startup perspective – build vs. buy decisions
19.10-19.30: Q&A session
19.30-20.00: Stay for good talks and a last beer
The event is free to attend. Due to the limited number of seats we’re enforcing a no-show fee: If you have signed up but do not show up, we will invoice you 200 kr.
– Anders Bach Waagstein is Tech Investor in PreSeed Ventures. Anders will share insights on AI seen from an investor perspective.
– Dennis Kayser is the co-founder of Forecast, a VC backed Danish software-company. Forecast builds the best Professional Service Automation product in the industry. Powered by artificial intelligence, our product, Forecast, is a new generation of agile SaaS PSA software for running multiple projects and coordinating many people and stakeholders.
– Jacob de Lichtenberg is Vice President at Forecast, where he is leading the product department. Jakob has 10 years of experience with leading innovation and the development of successful software (SaaS and internal). Before joining Forecast, Jakob was leading R&D teams at Trustpilot and Citrix.
– Michael Green is the co-founder of several machine-learning startups including Desupervised and Blackwood Seven. He is a renowned machine learning and artificial Intelligence expert, who also holds a PhD is Theoretical Physics from Lund University.
– Nicolaj Højer Nielsen is our trusted partner in crime at PreSeed Academy but he’s also a business angel and author of the Startup Funding Book.
The startup school PreSeed Academy is pioneered by PreSeed Ventures in collaboration with Nicolaj Højer Nielsen and has developed from a strong desire to make early stage startups succeed. We have a series of events planned for you in 2019, an ambitious mix of talks, masterclasses and walk-in sessions, so make sure to stay tuned at www.preseedacademy.dk
By signing up for PreSeed Academy events, you accept PreSeed Ventures A/S and Nicolaj Højer Nielsen to collect and process your email for relevant updates and information about future events.